Archive of: June, 2015

There is little doubt that housing demand has increased considerably over the past 18 – 24 months, a contributing factor being the strengthening of the UK economy, producing rising confidence and manifestly improved cost and availability of credit. Unfortunately, higher demand has not been matched by an increase in the number of sellers in the market, resulting in strong upward pressure on house prices in many parts of the UK including our own.

Back in 2008 when it became the law of the land for every residential property in the UK to be sold with a Home Information Pack or HIP as it was better known, there were groans of discontent from all quarters. The sellers were disgruntled at the prospect of coughing up £300 or so for their comprehensive information pack and Estate Agents for the most part were at their wits end at the added administration involved to launch a property onto the market.